What does a general-purpose succinct zero-knowledge proof do?
Suppose that you have a (public) function C, a (private) input w and a (public) output x. You want to prove that you know a w such that
C(w) = x, without revealing what w is. Furthermore, for the proof to be succinct, you want it to be verifiable much more quickly than computing C itself. Now, when a prover wishes to prove to they know an answer to the computation C, they will generate a proof using the proving key, public inputs (x) and secret input (w). When the verifier wants to verify that answer that the computation is indeed correct, they would verify the proof using the verifier key, public inputs (x) and proof.
r investment budget , and if you don’t hav…connected nodes as well as from external sources, such as whether forecasts, mobility patterns etc. I will leave this layer out in the energy token discussion here for brevity reasons and because it will have fundamentally different tokenization and incentive schemes. Although it is exciting, especially with the emergence of blockchain-based platforms like Ocean protocol. Just some words of caution, for expectation management for companies though: having data will cost you even more at first. It’s actually a pure cost factor, unless you can extract real-time prescriptive insights from it to direct or even automate improvements to operations or product. Building up the ability to do so will cost another big chunk of your investment budget , and if you don’t have the right people to do so, you will not recover from those investments. No matter how potentially valuable; Data, like oil, is a raw resource (also equally likely to spill). If you are a big company, you better have a long-term data venture strategy, and don’t treat your data-driven transformation like a project. If you are a startup, be diligent with your partnerships: more than even smart money, you are in need of smart data. Obviously, with so much juice there will be a separate post just on the energy data network and it’s stakeholders. So stay tuned!
The IAB bolsters more than 650 members and has worked to establish industry standards and best practices across the media supply chain for over 20 years. The Executive Committee and Board of Directors include members from Disney, Facebook, Microsoft, CBS, Amazon, Bloomberg, AOL, Google, Snapchat, Twitter, AT&T and MediaMath among others.